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Housing in Mercerville · A strong seller's market

A typical Mercerville home is worth roughly $467,000

Homes typically sell in 27 days, a little above asking.

Typical home value
$467K
▲ 7.2% in a year · NJ $454K
Estimate
Median sale price
$430K
May 2026 · Redfin
Days on market
27
Faster than NJ (35)
Sale-to-list
104%
Homes sell above asking
Homes sold
10
in May · 16 for sale
2-bedroom rent
$2,080
a month, utilities in · HUD
Median tax bill
$8,185
NJ $9,590

What kind of housing town is Mercerville?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Market temperature

A strong seller's market

Homes are selling faster than new ones are listed: less than two months of supply. Well-priced homes can draw several offers.

Seller’s marketA strong seller's marketBuyer’sSeller’s

Under ~4 months of supply favors sellers; over ~6 favors buyers.

1.6
months of supply · NJ 3.3
27
days to sell · NJ 35
104%
of asking price, at sale
60%
sold above asking
69.2%
under contract within 2 weeks
19
new listings in May

Redfin Data Center, all residential sales, May 2026.

Price trend

Home prices up 65% in 5 years

The federal house price index for the ZIP codes around Mercerville rose 65% over the past 5 years, about the same as across New Jersey. Last year prices rose 7.2%. Carrying the Census median home value forward with that index puts the typical Mercerville home at roughly $467,000 today.

Mercerville areaNew Jersey
0%+50%+100%+150%+200%200020052010201520202025
+7.2%
past year
+65%
past 5 years
+87%
past 10 years
Estimated value

Carrying the Census median forward with the index puts a typical home at about $467K.

Federal Housing Finance Agency House Price Index (annual) for the ZIP codes around Mercerville, weighted by land area. It tracks repeat sales of the same homes, so it shows how prices changed, not what homes cost.

Affordability

A typical home costs 3.6 years of income

Less than across New Jersey (4.4 years). Try your own numbers below.

You could afford about
$418,000
Typical Mercerville home $467K

That’s $49K short of a typical Mercerville home.

The typical home, each month
$3,330
Loan $2,310Tax $890Insurance $140

A two-bedroom rents for about $2,080 a month here, $1,250 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Mercerville’s typical property tax (2.28% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $2,080

Renters already here pay a median of $1,621, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$1,430
1 bedroom$1,650
2 bedrooms$2,080
3 bedrooms$2,490
4 bedrooms$2,850
15%
of households rent · NJ 36%
780
renter households
42%
of renters spend 30%+ of income on rent · NJ 52%
19%
of the median income, for a two-bedroom
$1,621
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Trenton-Princeton, NJ MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

85% of Mercerville households own their home

Half of Mercerville’s homes were built before 1959.

Owners and renters
Own 85%Rent 15%

New Jersey: 64% own.

1959
typical home built · NJ 1970
$8,185
median property tax bill · NJ $9,590
2.28%
of a home’s value, a year in tax · NJ 2.11%

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Mercerville vs. its neighbors

The towns that share a border with Mercerville. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Mercerville$467K*+7.2%†$2,080$128,277
Hamilton Square$397K*+7.6%†$2,110$138,162

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Mercerville buyers, sellers and renters are saying.

Town Square →
Weigh in
The data says Mercerville is a strong seller's market. Is that what you’re seeing?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Price trend: Federal Housing Finance Agency House Price Index. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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